• GBP/USD down 0.1% in cautious Asian trading after closing unchanged Friday

• Undermined by robust U.S. jobs data on Fri which boosts Fed rate hike bets

• Expectations of a 25 bps Sep Fed rate hike jumps to 58.3% from 49.4% Thu

• U.S. PPI Thu, CPI Fri key; will determine whether Fed hikes rates on Sep 16

• UK has a busy Fri; July GDP, industrial and manufacturing output, trade due

• Parliamentary testimony of BoE Governor Bailey, other policymakers eyed Tue

• UK finance minister Healey seeks growth through decentralising power

• UK recruiters see first rise in permanent role hiring since 2022

• Strong support at 1.3470-75, then 1.3444-47 where 100 & 200-day MAs converge

• Resistance 1.3550, 1.3570, 1.3600; Friday range 1.3482-1.3549

• Asian range 1.3507-1.3521; U.S. markets closed for a holiday
GBP:

(Krishna Kumar is a Reuters market analyst. The views expressed are his own.)